www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34491381
34491392

4908 Northcote Avenue, East Chicago, IN 46312 For Sale

NR
IN RB14034744
Reeder Companies
Listed by Reeder Companies
$179,900
2 days on market
Updated 2 days ago
Opportunity zone

4908 Northcote Avenue

Details
APN 450332126003000024
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
NOI $15,290
Year Built 1901
Acreage 0.080

Multifamily

Marketing description

Well kept two flat on the city's south side fully occupied and ready for a new owner. Two long term renters love their homes and hope to remain. Turn key rental operation is the result. After entering the fully fenced front yard you're welcomed to the covered front porch. Inside the front door is an enclosed front porch leading to both units, one on the first floor and one on the second floor. The layout for the homes are identical, with living room, eat-in kitchen, two beds, and a full bath in each unit. The rear porch, also enclosed, has a walk up to the unfinisihed attic as well as the cellar style basement. Leaving the rear porch into the backyard, you will find a sizable fully fenced yard space as well as 4 parking spots off street. Renters pay Nipsco, gas and electric, and the owner pays just the ultra low East Chicago rate for water, sewer, and trash. Professionally managed, thoughtfully updated, and well maintained by two ideal renters, this is the investment opportunity you've been waiting to find! Do not hesitate, opportunities like this do not surface on the open market often. Showings will be confirmed as to limit the disturbance of our top tier renters, so please reach out to your brokers with proof of funds or financing, and allow 48 hours for confirmation.
Icon
Powered by Northwest Indiana Association of Realtors
Learn More

Listing Contacts

NR
IN RB14034744
Reeder Companies
Listed by Reeder Companies

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,290.00
$1,274.17/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591